1 2 Current Attempt in Progress Bramble Bennett, DDS opened an incorporated dental practice called Bramble Bennett Professional Dentistry Corporation on January 1, 2022. During the first month of operations the following selected transactions occurred: Performed services for patients who had dental plan insurance At January 31, $620 of such services was earned but not yet billed to the insurance companies Utility expenses incurred but not paid prior to January 31 totalled $500. Purchased dental equipment on January 1 for $76,800, paying $19.200 in cash and signing a $57,600 3-year bank loan payable interest is paid each December 31). The equipment depreciation is $400 per month. Interest on the bank loans $480 per month Purchased a 1-year malpractice insurance policy on January 1 for $23,040. The cost of the insurance policy was debited to the Prepaid Insurance account when paid on January 1, 2022. Purchased $1.720 of dental supplies (recorded as increase to Supplies). On January 31 determined that $520 of supplies were on hand. Estimated income taxes for the month amounting to $220. to be paid next month 3 5. 6. Date Account Tities and Explanation no. Debit Credit Jan 31 2. Jan 31 3. an 31 To record depreciation 3an. 31 To record interest) 4. Jan 31 5. Jani 31 Dan 6